Forecast of domestic pepper price tomorrow 31/3/2025 to increase slightly

Forecast of domestic pepper price tomorrow, March 31, 2025, stable and slightly increasing.

Today's pepper price was updated on the afternoon of March 30, 2025 as follows: The domestic pepper market is stable, remaining stable compared to the previous trading session and anchored at a high level. Currently, the average pepper purchase price in key areas is 159,400 VND/kg.

Specifically, pepper prices in Gia Lai province today remained stable after the previous increase, with the current pepper purchase price in this locality at VND159,000/kg. Similarly, pepper prices in Ba Ria - Vung Tau were also purchased at VND159,000/kg.

Binh Phuoc pepper price remains stable, currently the local pepper price is at 159,000 VND/kg.

Pepper prices in Dak Lak province have stabilized after the previous high session, currently the pepper purchase price is at 160,000 VND/kg.

Pepper prices in Dak Nong province are at a high level, currently the local pepper purchase price is at 160,000 VND/kg.

Domestic pepper prices updated on the afternoon of March 30, 2025

According to statistics, last week domestic pepper prices fluctuated less than last week, trading mainly around 159,000 - 160,000 VND/kg; the world market was stable, except for Indonesian pepper prices which decreased slightly last week.

Experts say that domestic pepper prices are currently stable thanks to farmers' hoarding mentality. Meanwhile, although pepper output this year is relatively stable, actual supply is still limited, causing local shortages in the market in some localities. Farmers currently tend to hold onto their goods waiting for prices to increase further, so selling pressure is not great.

According to experts' forecasts, pepper prices are likely to continue to increase due to demand from major markets and a shortage of supply. With demand remaining stable and far exceeding supply, pepper prices are likely to increase rather than decrease.

Farmers in Dak Nong province harvest pepper

With factors such as scarce supply, stable demand and farmers' hoarding mentality, pepper prices are likely to remain high in the coming time. Export enterprises are also actively purchasing to ensure the supply of goods for foreign partners, creating favorable conditions for domestic pepper prices.

In the international market, pepper prices may continue to increase, especially black pepper, thanks to strong demand from major markets.

According to forecasts, world pepper output in 2025 may drop sharply to about 434,000 tons, while demand far exceeds supply. If this trend continues, pepper prices may continue to remain high in the coming time. However, some factors such as fluctuations in demand from China or the trend of farmers hoarding goods will have a big impact on the market.

Update world pepper prices on the afternoon of March 30, 2025

World pepper price forecast tomorrow March 31, 2025 will increase slightly.

According to forecasts, world pepper prices tomorrow will remain stable, but there will still be slight fluctuations between countries.

Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of March 30, 2025 as follows: the pepper market is stable, anchored at a high level compared to yesterday's trading session.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,239 USD/ton; similarly, Muntok white pepper is currently purchased at 10,066 USD/ton.

The Malaysian pepper market remained stable compared to the most recent trading session. Currently, the price of Malaysian ASTA black pepper is purchased at 9,900 USD/ton and the price of ASTA white pepper is at 12,400 USD/ton.

Pepper prices in Brazil are currently stable after the previous increase and are anchored at a high level, currently purchasing price reaching 7,000 USD/ton.

Vietnam's pepper export market is stable and remains high. Specifically, the export price of Vietnam's black pepper is currently at 7,100 USD/ton for 500 g/l; 550 g/l is at 7,300 USD/ton and the price of white pepper is at 10,100 USD/ton.

*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (March 31, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-3132025-tang-nhe-380680.html